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Cogeco Communications Inc T.CCA

Alternate Symbol(s):  CGEAF

Cogeco Communications Inc. is a telecommunications company, which operates through its business units Cogeco Connexion and Breezeline. It provides Internet, video and wireline phone services in Canada, and in 13 states in the United States (U.S.) under the Cogeco Connexion, oxio, and Breezeline brand names. Breezeline also offers wireless services in most of the U.S. states in which it operates. It operates in two segments: Canadian telecommunications and American telecommunications. The Canadian telecommunications activities are carried out by Cogeco Connexion in the provinces of Quebec and Ontario. The American telecommunications activities are carried out by Breezeline in states: Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New York, Ohio, Pennsylvania, South Carolina, Virginia and West Virginia. The segments provide a range of Internet, video and phone services primarily to residential customers and business services across their coverage areas.


TSX:CCA - Post by User

Comment by Defiance2050on Nov 20, 2021 12:20pm
109 Views
Post# 34149419

RE:RE:RE:RE:RE:RE:RE:Rogers Acquires Shaw

RE:RE:RE:RE:RE:RE:RE:Rogers Acquires ShawShould have emphasized the control I was referring to is share based or acquisition control. In the event Audet tried to sell or merge with a larger telecom common share holders would have a vote which Rogers could be against and/or counter offer. 

I suspect if the Shaw/Rogers merger goes through it would likely be with the condition freedom would have to be sold. All speculative at the moment as to who it could be sold to. 

You are right about the wireless assets a public plan would be nice but I suspect behind the scenes CCA could be pricing out what supplier they would use. 

Even if you value the spectrum as 0 being a 300m loss or under $10 a share impact. The sell off seems to be over done at $20 a share. The past two quarters have not been far below expectations. Buybacks have continued up to 120 and I couldn't imagine that management is going to stop with them without an alternative use of capital (acquisition, or cellular infrastructure being quickly built).


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